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Wedbush says ‘very impressed’ with Tesla robotaxi rides

Wedbush analyst Daniel Ives attended Tesla’s (TSLA) robotaxi launch in Austin, Texas, and was “very impressed” with riding in the vehicle, the analyst tells investors in a research note. The firm says “this is the future,” and that the robotaxis offered a seamless and personalized travel experience that has “lit the spark” for autonomous driving. The firm maintains an Outperform rating and $500 price target on Tesla shaers.

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